X Makes Its Premium+ Subscription Tier Fully Ad-Free Shortly After Suing Advertisers For Alleged Boycott

X on Thursday announced that Premium+ subscribers will now enjoy an ad-free environment across most areas of the platform, including the For You timeline, Following timeline, post replies, and profiles.

The Premium+ subscription, priced at $20 per month or $210 annually, offers this ad-free experience along with other perks such as the ability to write rich-text articles and receive the largest possible boost for replies. 

But of course, there’s a catch, it’s not really completely ad-free. The company notes that users might occasionally encounter “occasional branded content in less common areas.”

X owner Elon Musk has previously expressed a goal of generating 50% of X’s revenue from subscriptions, reducing the platform’s dependence on advertisers.

Speaking of which, the timing for this change is somewhat strange. X has recently filed a lawsuit against the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA), alleging a coordinated effort to steer advertisers away from the platform. This legal action comes amidst a reported 50% drop in ad revenue since Musk’s acquisition of the company in 2022.

Another concern, as pointed out by RawsAlerts, is if “verified accounts with the blue checks, including Premium Plus users, helped with ads” but now they won’t see any more ads, “how do users on this platform make ad revenue and get monetized now?”  



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Gold’s Wild Bull Run: Are Markets About to Break? | Mike McGlone

First Majestic Silver: The Santa Elena Mine

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Elon Musk Offers Subscriptions to Twitter Creators as a “Company-Paid Perk” to SpaceX Employees

Twitter/X owner Elon Musk is leveraging the concept of a captive audience. New York Times...

Saturday, July 29, 2023, 07:04:00 AM

Free Speech Absolutist Elon Musk Fires Employees For Publicly And Privately Criticizing Him

Twitter’s new owner on Tuesday reportedly fired employees who were found to have made fun...

Wednesday, November 16, 2022, 02:33:00 PM

After Becoming Mayor of Twitter, Elon Musk Moves To Build His Own Town in Texas

Elon Musk and his companies have been buying thousands of acres of idyllic pasture and...

Friday, March 10, 2023, 12:03:00 PM

Elon Musk Bungles DeSantis Announcement and Then Calls It “Top Story on Earth”

Florida Governor Ron DeSantis’ much-anticipated announcement of his 2024 presidential campaign proved to be more...

Thursday, May 25, 2023, 10:49:00 AM

People Are Getting Angry Over Their Tesla Roadster Reservations

It’s been six years since the new Tesla (Nasdaq: TSLA) Roadster was announced. Originally slated...

Tuesday, December 12, 2023, 03:19:00 PM